Agri Lending | Agri-Loan Origination Software

Newgen’s agri-loan origination software makes it easy for lenders to seamlessly process agricultural loan requests by automating the entire loan lifecycle—from origination and processing to disbursement and monitoring. Built on a low code digital transformation platform, the software lets bank users handle credit requests of individual and non-individual entities, group customers, and dairy and poultry farming from one unified platform. Using the agri-loan origination software, lenders can process diverse agricultural loan products, including agri credit cards, term loans, farm mechanization loans, post-harvest loans, and overdrafts. Moreover, straight-through processing of agri credit card requests with an instant disbursal facility directly on the portal gives customers quick access to funds, ensuring customer satisfaction.

Features of Agri Lending Solution

Seamless Customer Onboarding

Ensure smooth application processing via multiple channels, including branch, portal, and mobile. Perform a quick identity verification by validating information across documents, fetching data from valid sources, and auto-populating it on digital application forms. Generate critical lending documents, welcome letters, and e-signing application forms.

Streamlined Workflows & Integration

Automate credit assessment for lines of agri-loan products. Maintain scale of finance for both irrigated and unirrigated lands, and auto-calculation of cultivation costs. Extensive Application Programming Interface (APIs) for integration with 3rd party service providers for automated verification of land records and crop cultivation, measurement of distance, and tracking crop health.

Efficient Communication Handling & Activity Monitoring

Achieve internal and external communication management throughout the application lifecycle. Ensure external communications, including automated emails and SMS, based on triggering of events. Get accurate tracking and analysis of user performance through business activity monitoring tool. Access personalized dashboards for a bird’s eye view of pending applications, tracking their status, and prioritizing them.

Automated Credit Assessment & Instant Disbursal

Get business rule management module for configuring credit assessment policies for all product lines in agri loans. Support for single/tranche-based disbursal, single/multi-party disbursals. Generation of all types of repayment schedules, like equated instalments, interest only, step up, step down, bullet payments etc. Support for moratorium period before harvesting of crops.